RE:RE:allenjames recommends to sell ZAIR shares as Dave Hodge didnineply: It is more complex than that. You have to under stand what David Hodge is doing. He is selling shares and later buying in a PP. What he is doing is insuring that Zimc8 or a company he is supporting has capital to continue growing and stay in operation. He is not necessarily trying to just make money. Capish !!!
Investors also must take into consideration that David Hodge as a insider can only buy and sell under certain conditions. You have to be fully aware of these rules.
In other words if David Hodge sells 500,000 shares and can only do so under restrictive trading rules what does the sale mean about the future price in the next 30 days. It means David Hodge does not expect the stock price to go down during the next 30 days based on the insider knowledge he has. In a few words. David Hodge cannot profit from price change for 30 days after he has sold or purchased shares by having insder information.
Certain conditions also modify this situation. If he buys as he did at 5 cents and the price goes up dramatically as it did then he is OK with the purchase. Why !!! The price went up because he injected a large amount of money into the company when it needed it. He also sold shares at the top of the run up and made a profit on free shares he got from MGX M as a long term share holder in MGX M. Now why was he able to do this trade and get away with it. He as, My self, had to wait about 1 year before being able to trade. This is the first opportunity to trade after the rights to these shares was given.
If you do not understand this trading rule. You have some work to do. I said David Hodge is clever, big, loud, and unstoppable. You have some work to do.
nineply: Your simplistic way of looking at my words is wrong. You are either stupid or you think the readers of stockhouse are stupid. I think you are both.
GOOD LUCK TO ALL INVESTORS.